Category Archives: Economy

Budget heralds more woe for families and living standards

The budget announced by Chancellor of the Exchequer Phillip Hammond is a culmination of 7 years of “disastrous economic policies”, according to Labour London Assembly Member for Barnet and Camden Andrew Dismore. The Government failed to meet deficit reduction targets yet again, and will only deliver a surplus budget after 2025, 10 years after they promised to. Growth forecasts have […]

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Letter for publication: the Budget

Dear editor, Letter for publication: the Budget Last week’s Budget did nothing to help Londoners deal with the challenges we face posed by Brexit, rising crime and security and safety concerns, the housing crisis,  or toxic air quality. With the Brexit negotiations in chaos, and the economic impact of the current uncertainty being felt across the capital,  the Budget was […]

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Budget 2017: Brace yourselves for more tough times

Interesting article from The Times: The person making the news yesterday was not the chancellor, it was the chairman of the Office for Budget Responsibility (OBR), Robert Chote. Mr Chote and his colleagues finally lost patience with their own continued overoptimism on productivity growth and delivered a pretty grim set of forecasts. They no longer see productivity growth climbing towards […]

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